City Hospitalities - Updates

City Hospitalities India Ltd has informed BSE that pursuant to Company petition No. 26 of 2008 in the High Court of Madhya Pradesh bench at Indore, the Honourable High Court has by its order dated May 15, 2009 confirmed the reduction of Share Capital of the Company. Accordingly the Share Capital of the Company has been reduced from Rs 272,500,000/- (Rupees Twenty seven Crore Twenty Five Lakh only) divided into 27,250,000/- equity shares of Rs 10 each to Rs 100,000,000 (Ten Crore) divided into 10,000,000 Equity Shares of Rs 10 each. Hence the listed equity capital of the Company is Rs 100,000,000/- (Ten Crore) divided into 10,000,000 Equity Shares of Rs 10 each.